Mutual of Omaha isn’t Going Anywhere
In an interview with the primary daily newspaper of Nebraska and portions of southwest Iowa, Omaha World-Herald, Mutual of Omaha CEO James Blackledge discussed growth and strategy.
– Revenue is up more than 30% since 2013
– 2017 revenue estimated to reach $8.6 billion, up 9% from 2016
– The company’s ideas for future growth include at least one potential acquisition; “I can’t do a lot of big mergers because I don’t have the currency to do it” – James Blackledge
– It may expand to new products such as dental, vision and/or funeral insurance
– Employing some 5,300 employees
– In 2007, it formed the Mutual of Omaha Bank, and it’s in the mortgage business
Bottom Line: “We’re not going anywhere. Omaha’s in our name” – James Blackledge.
Get Coverager to your inbox
A really good email covering top news.Related Posts